Most local agents are often challenged finding the proper insurance markets for products that fall a little outside the norm.
Columbia, SC (PRWEB) July 23, 2010 –
Sadler & Company, Inc., an independent insurance agency, announces their new online Beauty & Home Based Business Insurance Program. Sadler recognizes home-based businesses as being one of the fastest growing commercial segments in America and understands the difficulty these types of businesses are having securing affordable insurance. This online insurance program is perfect for small Beauty and Home-Based Businesses with sales under $250,000 per year. For those businesses that qualify, premiums typically range from $650 to $2,000 per year. The online application can be accessed by going to http://www.products-liability-insurance.com and clicking on the Beauty And Home-Based Business tab in the bottom left hand corner of the page.
“Most local agencies do a decent job of insuring main street America businesses that sell standard products, but often are challenged finding the proper insurance markets for products that fall a little outside the norm” states Paul Owens, manager of the Product Liability Division for Sadler & Company, Inc. “Our years of working exclusively in the product liability insurance niche gives us an understanding of the market place and allows us to efficiently understand which insurance carriers are best suited to provide the best coverage and the best premiums for a particular business and product.”
Start-up businesses often provide unique challenges when it comes to product liability insurance. Since most start-up businesses sales are usually below $1,000,000 during their first 12 months of business, they usually receive minimum premium quotes from insurance carriers. Minimum premiums are the lowest premium available from that insurance carrier to provide a product liability policy. Knowing the product liability insurance market place and knowing what products the insurance carriers like is key to finding start-up businesses the lowest possible minimum premium available.
About Sadler & Company Product Liability:
Sadler’s Product Liability division specializes in providing product liability insurance to manufacturers, importers, distributors and home-based businesses. In addition to providing product liability insurance, Sadler also supports its clients by offering product recall, intellectual property, cyber liability, key man life insurance, business auto, workers compensation and property insurance.